Tag Archives: securities attorney

Levi Lindemann Named in SEC Action

December 2, 2014-West Lakeland, Minnesota

The US Securities & Exchange Commission (SEC) filed an emergency action against Levi Lindemann alleging that he is operating a fraudulent scheme through his companies, Gershwin Financial, Inc. and Alternative Wealth Solutions.

In the complaint the SEC alleges that Lindemann has raised nearly $1 million from elderly investors in Wisconsin, leading the victims to believe that their money would be invested in notes, unit investment trusts and other investments. According to the complaint none of these investments were ever made.

FINRA records indicate that Lindemann is not currently registered with any securities firm. He was last registered with J.P. Turner & Company from 11/2010-3/2012.

If you had an account handled by Lindemann that suffered losses, you may be able to recover damages. Contact us to discuss your options.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Boca Raton Fraudster Jason Vitulano Sentenced to 11+ Years

December 9, 2014

Jason Vitulano, 39, was sentenced to over 11 years in federal prison after pleading guilty to mail and wire fraud conspiracy charges earlier in 2014.

Vitulano and a team of telemarketers,  operating from Boca Raton and Deerfield Beach during the economic crash in 2008/2009, made life worse for homeowners who were already in trouble with their mortgages. They collected over $7 million as advance fees from some 2,000 distressed homeowners, promising reduced mortgages and other savings on their home loans,  which never materialized.

Vitulano’s companies were FHA All Day.com, Inc. Housing Assistance Law Center, Inc. and Safety Financial Corp. 

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

BB&T Securities Fined $1 Million by Securities Regulator

December 5, 2014

BB&T Securities, LLC (formerly Clearview Correspondent Services) recently agreed to  a censure and to pay of fine of $1 million to the Financial Industry Regulatory Authority (FINRA).

The agreement was made to resolve FINRA allegations that ,between May 2010-August 2014, BB&T failed to properly report options positions in reports that are designed to identify holders of large positions who may be attempting to manipulate the market or otherwise violate securities rules and regulations.

FINRA Case#20110275374. Access settlement agreement here.

According to FINRA records, BB&T Securities operates, or has operated under the following alternative names:

  • BB&T CAPITAL MARKETS, A DIVISION OF BB&T SECURITIES
  • BB&T CAPITAL MARKETS/WINDSOR GROUP
  • BB&T SCOTT & STRINGFELLOW
  • CLEARVIEW CORRESPONDENT SERVICES, LLC

Rex Securities Law , located in Boca Raton, FL, provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Rex Securities Law

561 391 1900

D.A. Davidson Broker Susan Skaar (Tutti Meeks) Sanctioned by Securities Regulators

December 2, 2014- Bozeman, Montana

To resolve allegations that from 2003-2014, she affixed initials of 4 customers to four documents and signed the signatures of two other customers to two documents, Susan Skaar (aka Tutti Meeks, Tutti Skaar ) consented to a 20 day suspension and a fine of $5,000.

By initialing and signing customer initials and names, Skaar violated NASD Conduct Rule 2110 and FINRA Rule 2010.

According to FINRA records, Skaar has been registered with D.A. Davidson & Co. since 1993.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

SEC Presentation on the Perils of Investment Fraud- Plantation, FL, December 6, 2014

The Sun Sentinel announced that Lori Schock,  a director from the US Securities & Exchange Commission, will speak on the perils of investment fraud this Saturday, December 6, 2015, at the Jim Ward Community Center, 301 NW 46th Ave., Plantation , FL.

The Southeast Florida Chapter of Better Investing in conjunction with The Financial Industry Regulatory Authority (FINRA) is sponsoring the event.

There is no charge for this public event but reservations are suggested. Pre register on the Smart Investor website or call 888-901-0154.

Rex Securities Law , located in Boca Raton, FL, provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Rex Securities Law

561 391 1900